China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas
Green Car Congress
JULY 23, 2012
Nexen has a joint venture shale gas project in Poland and is exploring for shale gas in Colombia. The transaction will be funded by CNOOC Limited’s existing cash resources and external financing. The two companies has finalized a joint venture for deepwater exploration in the Gulf of Mexico in 2011. Earlier post.). OPTI Canada Inc.
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